Advocacy

FIA’s latest response notes that prediction markets can serve important functions, including aggregating information and enabling market participants to manage exposure to a broad range of events. FIA commits to working with the CFTC to develop an effective and durable regulatory framework for prediction markets.

FIA supports the FCA and Bank of England's vision that tokenisation can deliver material improvements in efficiency, resilience and functionality, particularly in post-trade processes.

Joint industry statement calls to strengthen, through the MISP proposals, EU financial regulation by improving proportionality, reducing legal uncertainty, embedding competitiveness, and ensuring efficient, predictable supervision supporting global market attractiveness.

FIA responds to CPMI-IOSCO's consultation on CCP resilience and PQDs, calling for stronger margin transparency, broader client access to simulation tools and a Level 3 post-implementation review.

FIA, alongside ISDA, GFMA, CMC and CMCE, has responded to IOSCO’s consultation on best practices for OTC commodities position reporting. The associations support IOSCO’s objectives but emphasises that regulators should prioritise better use of existing OTC derivatives data and enhanced cross-border cooperation, rather than introducing new reporting requirements. It also opposes mandatory or systematic OTC position reporting, advocating instead for a proportionate, risk-based approach based on targeted data requests and stronger coordination between authorities to avoid duplication, costs and unintended market impacts.

FIA has filed two comment letters responding to US federal banking regulators' proposals to revise capital standards for Category I and II banking organizations, including the implementation of Basel III’s enhanced risk-based approach (ERBA) in the US, as well as proposed changes to the Federal Reserve’s capital surcharge for US global systemically important bank holding companies (G‑SIBs).